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20130113
20130121
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CSPAN 8
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Search Results 0 to 7 of about 8 (some duplicates have been removed)
CSPAN
Jan 19, 2013 6:00am EST
a fair return for their labor by a tax system which penalizes successful achievement and keeps us from maintaining full productivity. but great as our tax burden is, it has not kept pace with public spending. for decades we have piled deficit upon deficit, mortgaging our future and our children's future for the temporary convenience of the present. to continue this long trend is to guarantee tremendous social, cultural, political, and economic upheavals. you and i, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. why, then, should we think that collectively, as a nation, we're not bound by that same limitation? we must act today in order to preserve tomorrow. and let there be no misunderstanding -- we are going to begin to act, beginning today. the economic ills we suffer have come upon us over several decades. they will not go away in days, weeks, or months, but they will go away. they will go away because we as americans have the capacity now, as we've had in the past, to do whatever needs to be done to preserve this last and greatest b
CSPAN
Jan 18, 2013 2:00pm EST
and keep going -- it needs to bring millions of people with it. the robin hood tax, the campaign the nurses have -- $350 billion a year from wall street for a minimum tax. you know what one of the legislator said to one of our nurses going to the capitol and talking about the wall street tax? she said, you nurses need to lower your expectations. the nurse looked at her and said, would you like for me to say that to you when i am prepare you for surgery? the true story. i mean, honestly, literally, it is a disgrace -- lower your expectations? i see what is happening out here every day. we're not going to lower our expectations. we're going to fight for a real economy. our economy has been hijacked -- we can talk about all the problems, talk endlessly about what i heard yesterday -- i heard about a woman yesterday. we heard about a real woman yesterday from michigan who actually chose to have her leg amputated because she could not afford the antibiotics in terms of taking care of her leg. she had her leg amputated because of money, because of money, because we do not have a health care syste
CSPAN
Jan 15, 2013 6:00am EST
of the public and decisions being made about what to spend on, what do tax and so on, are difficult and contentious issues that will take some time to address. >> those issues are not the specific purview of the fed, so why don't we shift gears and talk about some of things the fed is doing and might do. perhaps a way to introduce that is to say that the fed has been keeping interest rates at close to zero since roughly 2008. it has done a pretty deep into its arsenal of very unconventional policies recently in terms of the very massive asset purchases. recently launched its third round, which tended to bring long-term interest rates. can you tell us how well you think that is working? >> to go back one step, as you said, we have brought the short- term interest rates down almost to zer. for years monetary policy involved moving overnight interest rates up and down and open the rest of the interest rates would move in sympathy. then we hit a situation in 2008 where we had brought the short- term rates down as far as it could go, almost to zero. the question is what more could the fe
CSPAN
Jan 15, 2013 1:00am EST
revenue through tax reform by closing loopholes in our tax code for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we can solve the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they don't think it's fair, for example, to ask a senior to pay more for his or her health care, or a scientist to shut down lifesaving research so that a multimillionaire investor can pay less in tax rates than a secretary. they don't think it's smart to protect endless corporate loopholes and tax breaks for the wealthiest americans rather than rebuild our roads and our schools, invest in our workers' skills, or help manufacturers bring jobs back to america. so they want us to get our books in order in a balanced way, where everybody pulls their weight, everyone does their part. that's what i w
CSPAN
Jan 18, 2013 10:30pm EST
taxes, to recover the momentum of our economy and reward the effort and enterprise of working americans. we will build our defenses beyond challenge, lest weakness invite challenge. we will confront weapons of mass destruction, so that a new century is spared new horrors. the enemies of liberty and our country should make no mistake america remains engaged in the world by history and by choice, shaping a balance of power that favors freedom. we will defend our allies and our interests. we will show purpose without arrogance. we will meet aggression and bad faith with resolve and strength. and to all nations, we will speak for the values that gave our nation birth. america, at its best, is compassionate. in the quiet of american conscience, we know that deep, persistent poverty is unworthy of our nation's promise. and whatever our views of its cause, we can agree that children at risk are not at fault. abandonment and abuse are not acts of god, they are failures of love. and the proliferation of prisons, however necessary, is no substitute for hope and order in our souls. where there is
CSPAN
Jan 14, 2013 10:00am EST
burden on the bar were. monthly deaths of the consumer, such as taxes and insurance, generally cannot add up to more than 43% of their monthly gross income. no standard is perfect, but the standard here provides a clear line with a measure of protection to borrowers that have increased certainty in the mortgage market. host: i want to bring in a few callers on this subject for you. oklahoma city, oklahoma, democratic line. good morning, vernon. caller: i am tickled to death that the government is setting the rules for the financial industry when it comes to the home market. people worked all their lives to provide a home and held for ways to get it paid off before they retire. this is the one area that the government needs to regulate and regulate closely and i am glad we're finally doing that. now, of course, we have drawn a line in the sand that we can hopefully reclaim. can we hope that it will ever change back to what we thought we had been through? guest: an excellent question. another one to add to that is -- will the regulators have the appetite to regulate this closely? making sur
CSPAN
Jan 14, 2013 8:00pm EST
for tax reform by closing loopholes for the wealthiest americans. if we combine a balanced package of savings from spending on health care and revenues from closing loopholes, we consult the deficit issue without sacrificing our investments in things like education that are going to help us grow. it turns out the american people agree with me. they listened to an entire year's debate over this issue, and they made a clear decision about the approach they prefer. they do not think it is fair to ask a senior to pay more for his or her health care or a scientist to shut down like that saving research so that a multi millionaire investor can take less in tax rates then a second trip -- and a secretary. they do not think it is smart to protect and as corporate loopholes and tax breaks for the wealthiest americans rather than rebuild roads and schools or help manufacturers bring jobs back to america. they want us to get our books in order in a balanced way where everyone pulls their weight, everyone does their part. that is what i want as well. that is what i have proposed. we can get it
Search Results 0 to 7 of about 8 (some duplicates have been removed)